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LEADERSHIPLEADERSHIPANALYSISANALYSIS

OFOFKISHORE BIYANIKISHORE BIYANI

“The Retail King”“The Retail King”

By:-By:-AnurimaChakraborty(10DR0AnurimaChakraborty(10DR003)03)

Bhabani Shankar Bhabani Shankar Rana(10DR004)Rana(10DR004)

Sudipta Dutta(10DR006)Sudipta Dutta(10DR006)

INTRODUCTIONINTRODUCTION

“Leader” as the name suggests the one who lead others and have an ability to influence others.

A leader is a person who sets – “GOAL” “VISION” “MOTIVATES PEOPLE” “OBTAINS THEIR COMMITMENT” in order to achieve the objective

A successful leader should possess certain traits of Leadership Qualities, namely :

Initiative Creativity Intelligence Desire to lead Ambition Integrity

Self-confidence Enthusiasm Analytical ability

Success in business comes from the mastery in all aspect including skills, training and motivating the teammates. These things become crystal clear from the life of ‘Retail KingRetail King’ of India.

Mr. Kishore Biyani.Mr. Kishore Biyani.

Born on 9th August, 1961 In a typical joint Marwadi family Chairman and Managing Director, Future Group Ltd.

Kishore Biyani, began his career selling stonewash fabric to small shops in Mumbai.

He has launched Pantaloons,one of the biggest listed retailers of the country, today.

Pantaloons is credited with launching many retail formats in value and lifestyle retailing under some of the best known retailing brand names in the country, including Big Bazaar, Food Bazaar, Central, e-zone, and Home Town.

Since his young age, he had a rational Since his young age, he had a rational thinking, He would question each and thinking, He would question each and everything and do it if he found some logic everything and do it if he found some logic behind it .behind it . He believed in the ideology “create and He believed in the ideology “create and destroy” destroy” The man who saw the future.The man who saw the future.

He would observe people, judge them and He would observe people, judge them and then accordingly associate or dissociate then accordingly associate or dissociate from them.from them.

He loves simplicity and doesn’t demand for He loves simplicity and doesn’t demand for luxury.luxury.

A lot of thinking goes behind when he takes A lot of thinking goes behind when he takes any decisions. any decisions.

A winner all the wayA winner all the wayKishore Biyani was awarded the Kishore Biyani was awarded the Ernst & Ernst & Young Entrepreneur of the Year 2006Young Entrepreneur of the Year 2006 in in the Services Sector.the Services Sector.

Lakshmipat Singhania - IIM Lucknow Lakshmipat Singhania - IIM Lucknow Young Business Leader AwardYoung Business Leader Award by Prime by Prime Minister, Dr. Manmohan Singh in 2006.Minister, Dr. Manmohan Singh in 2006.

He was also awarded the He was also awarded the CNBC First CNBC First Generation Entrepreneur of the YearGeneration Entrepreneur of the Year 2006.2006.

Companies..Companies..

Future Media (India) Ltd.Future Logistics Solutions Ltd.Convergem Communications (India) Ltd.Pantaloon Food Product (India) Ltd.Future Knowledge Services Ltd.Future Capital Holdings Ltd.Future Generali India Insurance Company Ltd.Future Generali India Life Insurance Company Ltd.

Futurebazaar India Ltd.Weavette Texstyles Ltd.Staples Future Office Products Private Ltd.Pan India Food Solutions Private Ltd.Talwalkars Pantaloon Fitness Private Ltd.ConvergeMIndus League ClothingEtam Future Fashions Ltd.Galaxy Entertainment Corporation Ltd.Future Venture India Ltd.Foot Mart retail

Pantaloon Retail (India) Ltd.Home Solutions Retails India Ltd.Future Brands Ltd.

The Right WayThe Right Way The entrepreneurial culture and spirit

prevails in the company, whereby the appetite for taking risks is encouraged.

He believes in learning while doing, and this what has helped him on his journey. He does not believe in any rigid organizational structure and instead of that he prefers an organization design approach.

CharacteristicsCharacteristics1) Visionary1) Visionary:- :- He is true visionary when he He is true visionary when he

started selling readymade garments when started selling readymade garments when nobody preferred ready-to-wear shirts or nobody preferred ready-to-wear shirts or trousers. Now his vision is serving Indian trousers. Now his vision is serving Indian society and which is unchallenged.society and which is unchallenged.

2) Risk taker:2) Risk taker:- H- He tried out different things e tried out different things on his own, like readymade garments, textile on his own, like readymade garments, textile production, creating brands before he production, creating brands before he ventured in retail business of selling garments. ventured in retail business of selling garments. He took risk in doing something new every He took risk in doing something new every time.time.

3) Ambitious:-3) Ambitious:- He always had ambition of He always had ambition of making it big in business, and that he have making it big in business, and that he have done.done.

4) Simplicity:4) Simplicity: You’llYou’ll never catch him in a tie never catch him in a tie and jacket. .It is the ultimate sophistication for and jacket. .It is the ultimate sophistication for

him.him.

5) Optimistic: 5) Optimistic: In his own words, Kishore Biyani In his own words, Kishore Biyani was an “eternal optimist”. Today, he’s was an “eternal optimist”. Today, he’s transformed into a “realist”. “it’s my next phase transformed into a “realist”. “it’s my next phase in life,” shrugs the Chairman of the Rs 8,600 in life,” shrugs the Chairman of the Rs 8,600 crores Future Group, which has today moved crores Future Group, which has today moved away from retail into financial services.away from retail into financial services.

TRAITS OF EFFECTIVE LEADERS

High energy Self confidence

Integrity

Intelligence Flexibility

Sensitivity

Kishore Biyani, replaced conventional wisdom Kishore Biyani, replaced conventional wisdom with “guts and instincts” to create Future Group, with “guts and instincts” to create Future Group, a $1 billion companya $1 billion company

Known for his insights into Indian consumer Known for his insights into Indian consumer behavior, Biyani also represents an enigma to behavior, Biyani also represents an enigma to the country’s emerging retail players, both the country’s emerging retail players, both domestic and foreign.domestic and foreign.

On leadership..On leadership..Mr. Biyani says he could not find any particular Mr. Biyani says he could not find any particular

meaning of leadership.. but according to himmeaning of leadership.. but according to him

There are two types of There are two types of Leadership:-Leadership:-

• The first is all about thought leadership, which The first is all about thought leadership, which is original thought, believing in it and making is original thought, believing in it and making things happen based on those thoughts.things happen based on those thoughts.

• The second type is skills leadership, which The second type is skills leadership, which

refers to doing things consistently and in your refers to doing things consistently and in your own style. own style.

A Interview of Mr. BiyaniA Interview of Mr. Biyani Q. Who according to you is an entrepreneur?

Ans. A person who is able to work even when he cannot measure the cause and effect.

Q. What is your favorite business mantra? Ans. Go with the flow.

Q. Your contribution to society as an

entrepreneur... Ans. Making good human beings out of people who

we work with and improving their lives.

Suggestions from the Suggestions from the king.king. Q. Biyani’s advice to startups Q. Biyani’s advice to startups

Ans. Go with your belief and dreams. Ans. Go with your belief and dreams. Keep on pursuing it Keep on pursuing it

You must realize whether you have the ability to You must realize whether you have the ability to think beyond think beyond

Everyone cannot be an entrepreneur Everyone cannot be an entrepreneur

You need to know if you are comfortable with You need to know if you are comfortable with getting into uncharted territory getting into uncharted territory

Biyani:- Biyani:- Most people are trained to be Most people are trained to be preservers. It is great to be a preserver. preservers. It is great to be a preserver. But for us, whoever has to create has to But for us, whoever has to create has to destroy. Without destroying, you cannot destroy. Without destroying, you cannot

create anything new. create anything new.

ThankThank

YouYou…………………………